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Nearly 3,000 units to be built on 58 acres at Creedmoor Center.

The mezzanine loan has an initial term of 4 years with two 12-month extension options.

Jackson Square Properties was the seller.

It might be that the economy can avoid a recession. But will inflation continue to cooperate? And will the Fed wait to lower interest rates?

Since the Federal Reserve started raising interest rates in May 2022, many in CRE have wondered when financial pressures would force an increase in distress sales. It may finally have started.

As both the bills are sponsored only by Democrats, it seems unlikely that either will pass into law with a Republican-controlled House.

Woodruff Sawyer says the ballooning rate spikes lately should calm.

It's new concept restaurant CosMcs aims to compete with Starbucks, Dunkin'.